That's been my narrative since 2008. I'd rather error on the side of caution, in an investment and trading environment as unstable as this one where risks are not as easily quantifiable, as previous market cycles. Perhaps I'm wrong, but over my decades as a full time professional trader, witnessed the gradual evolution of a less and less level playing field for individual investors. But if I were wrong? I'd be losing money. In fact, per my posted real time trades, and large investments in our local real economy, just the opposite is true. That's strong evidence I'm not wrong.
All websites contain some lo quality analysis. However, Zero Hedge, AND many other websites I've cited in my posts - for many years on SI - do a good job highlighting some of the reasons for the trend toward greater opacity and growing manipulation of various markets which began, in earnest, with the formation of the plunge protection team in the 1987 crash.
Gradual at first, the disinformation and outright concealment in the financial MSM has grown more rapidly in the past 15 yrs. then came the dark pools and an increasingly corrupt/complaint SEC and CFTC.
I've no problem with those who hold opinions different than mine. Only ask that those opinions include evidence to support them.
Have to leave it there and get back to work planning and timing a couple of bids on local natural gas properties, then digging more sweet potatoes with my son..))
Busy busy....
Cheers,
Iso |
